Credito Emiliano S.p.A.

Detailed Description

Credito Emiliano S.p.A., together with its subsidiaries, provides various banking services to retail and corporate customers primarily in Italy. It operates through Commercial Banking, Asset Management, Bancassurance, and ALM Treasury segments. The company's deposit products include current and savings accounts, time deposits, certificates of deposit, bonds, and subordinated debts; and loan portfolio comprises mortgages, credit cards, personal loans, and salary-backed loans. It also offers wealth management services, including management of mutual investment funds, SICAV, portfolio management, and private equity and hedge funds; and asset management, bancassurance, fiduciary, remote banking, savings management, brokerage, leasing, factoring, insurance, and ALM treasury services. In addition, the company provides cheese warehousing and real estate management services, as well as develops software solutions for businesses, such as electronic invoicing and data extraction from documents. As of May 17, 2021, it operated through 598 branches, business centers, small business centers, and financial shops in 19 regions. The company was founded in 1910 and is headquartered in Reggio Emilia, Italy. Credito Emiliano S.p.A. operates as a subsidiary of Credito Emiliano Holding S.p.A.